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总结
多家外媒在2026年伊始汇总对股市的展望称，投资者情绪仍偏乐观，部分策略师预计标普500在2026年继续录得涨幅，市场上行主要依赖企业盈利增长与人工智能热潮带来的资本开支和生产率预期。也有评论将其形容为“最不受欢迎的牛市”，认为在高估值背景下，利率与通胀走向、经济放缓、政策变动及地缘不确定性都可能放大回撤与轮动，投资者需在追逐成长与控制风险之间取得平衡。
正文
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